Over the past half-century, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has garnered himself quite the audience. In 1973, when the Oracle of Omaha conducted his first annual shareholder meeting for Berkshire Hathaway in the cafeteria of an owned subsidiary, a few dozen people showed up. Attendance for this year's annual shareholder meeting in Omaha, Nebraska, likely neared 40,000.

Investors and shareholders come from near and far to listen to Warren Buffett speak about the economy, the stock market, and his investing philosophy. After all, riding Buffett's coattails has been a portfolio-enriching strategy for close to six decades. Since taking over as CEO in 1965, he's led his company's Class A shares (BRK.A) to an aggregate return of more than 4,300,000%, through the closing bell on Aug. 4, 2023.

But there's one big snafu for investors currently looking for sage investment advice from the Oracle of Omaha: he's not pressing the buy button very much.

Continue reading

Source Fool.com